A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

Once your Corporate Tax registration is approved, you will receive a corporate tax registration number. Bottom Line: Business owners who meet the criteria must act quickly to ensure compliance and ...

GST registration: New advisory by Goods and Services Tax Network (GSTN) dated March 3, 2025 says additional facility allowing certain Promoters/Directors to complete their Biometric Authentication at ...

Home loan interest certificate is required by people who have a home loan for claiming deduction from their gross total income in order to reduce income tax payable. However, this option would be ...

The Income Tax Appellate Tribunal (ITAT) Pune ruled in Lokmanya Shikshan Prasarak Mandal vs. ITO that the Income Tax Department cannot deny exemption under Section 11 of the Income Tax Act solely due ...

Under the GST Act, registration is mandatory only when a taxable supply of goods or services is made from a location and the aggregate turnover exceeds the prescribed threshold. Section 23(1) exempts ...

IMF's Capacity Development, Research, and Data Related to Tax Policy Issues. The IMF’s tax policy program supports countries in their consideration of how to raise revenue in support of their spending ...

A person receiving a delivery of fuel must provide the appropriate completed and signed fuel charge exemption certificate form at the time of delivery or before receiving the fuel The registered ...

Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to estimate what you owe. Many, or all, of the products featured on this page are from our advertising ...

All resident corporations (except tax-exempt Crown corporations, Hutterite colonies and registered charities) have to file a corporation income tax (T2) return every tax year even if there is no tax ...

Commissions do not affect our editors' opinions or evaluations. A certificate of liability insurance is a document that proves your business has liability insurance. Your clients may require you ...